Healthcare insurance evokes very strong feelings for most U.S. consumers. Not surprisingly, a U.S. survey indicates that the vast majority (87%) would like to receive high-quality healthcare at a lower cost than is currently available. The priority is on comprehensive benefits, with particular emphasis on coverage for prescription drug, preventative care, and emergency care. Furthermore, a survey by Troubadour Research and Consulting reveals that most consumers would exchange personal information and even biometric data in return for lower-cost products.
Consumers’ current view of health insurers is noticeably dim. A Consumer Reports survey finds that a large majority believe that insurers are profiting excessively from a broken system. They want greater transparency and overwhelmingly support hospitals and insurers to provide accurate, upfront cost estimates to help them weigh health decisions. Yet, a majority of respondents would accept out-of-pocket health expense below a threshold of about $2,500.